Suvo Strategic Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Suvo Strategic Minerals has a total shareholder equity of A$12.0M and total debt of A$1.5M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are A$19.1M and A$7.1M respectively.
Key information
12.7%
Debt to equity ratio
AU$1.53m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.13m |
| Equity | AU$12.03m |
| Total liabilities | AU$7.09m |
| Total assets | AU$19.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUV's short term assets (A$6.8M) exceed its short term liabilities (A$4.2M).
Long Term Liabilities: SUV's short term assets (A$6.8M) exceed its long term liabilities (A$2.8M).
Debt to Equity History and Analysis
Debt Level: SUV has more cash than its total debt.
Reducing Debt: SUV's debt to equity ratio has increased from 0% to 12.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SUV has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SUV is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.